With the economy in a fragile state, Chinese officials are starting to use more business-friendly language, and also to back their words with action.
Tag: Economic Conditions and Trends
Russia Reports 2022 Deficit of $47 Billion
The budget gap reached 3.3 trillion rubles, or 2.3 percent of the size of the Russian economy, according to the country’s finance minister.
Can Australia Escape a Recession?
“Whether it’s a technical recession or not, we certainly are going to be in for difficult times,” one economist said.
Battered and Strained by War, Ukraine’s Economy Adapts to Survive
After 10 months of Russian destruction, Ukraine’s economy shrank by 30 percent. But companies have packed up and moved, switched products and found support abroad.
Germany’s Inflation Rate Hit a High in 2022
The pace of consumer price increases began easing late in the year, but the country’s annual rate of inflation set a new, post-Cold War record.
In a Hospital Ward, the Wounds of Tunisia’s Failed Democracy Don’t Heal
Tunisia’s road to democracy began with a self-immolation, and such cases have filled hospital burn wards ever since, as elected leaders failed to deliver on a promise of prosperity.
Japan’s Business Owners Can’t Find Successors. This Man Is Giving His Away.
An owner’s struggle in Japan’s northern dairy region illuminates one of the potentially devastating economic impacts of an aging society.
India Emerges as Key Global Player Amid Russia’s War in Ukraine
The invasion of Ukraine, compounding the effects of the pandemic, has contributed to the ascent of a giant that defies easy alignment. It could be the decisive force in a changing global system.
A Bittersweet First Year for Germany’s New Chancellor
Olaf Scholz came to power with a mandate for domestic renewal. Instead, he was forced to upend his country’s traditional stance on war and foreign policy.
Ukraine and Russia Battle for a Gateway City in the East
Recapturing Kreminna, in eastern Ukraine, would be a step further in Ukraine’s campaign to retake major cities that Russia seized after it invaded.